|
Report No. : |
321040 |
|
Report Date : |
12.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
ALLIED DYNAMICS CORP. |
|
|
|
|
Registered Office : |
84 Modular Avenue, Commack, NY 11725 |
|
|
|
|
Country : |
United
States |
|
|
|
|
Financials (as on) : |
17.11.1988 |
|
|
|
|
Legal Form : |
Corporation – Profit |
|
|
|
|
Line of Business : |
The Company is manufacturer, importer and wholesaler compressor blades, turbine vanes and nozzles, turbine blades, and related products. |
|
|
|
|
No. of Employees : |
10 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
United
States |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
UNITED STATES - ECONOMIC
OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $54,800. In 2014, however, US GDP ran second to China’s, when compared on a Purchasing Power Parity basis; the US lost the top spot, where it had stood for more than a century. In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology has been a driving factor in the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers, has put additional downward pressure on wages and upward pressure on the returns to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression.
|
Source
: CIA |
Company name: ALLIED DYNAMICS CORP.
Address: 84 Modular Avenue, Commack, NY
11725 - USA
Telephone: +1
631-543-6188
Fax: +1 631-543-9419
Website: www.allied-dynamics.com
Corporate ID#: 1307091
State: New York State
Judicial form: Corporation – Profit
Date incorporated: 11-17-1988
Stock: 200
shares common
Value: No
par value
Name of manager: Mehrdad
MOTTAHEDEH
Business:
The Company is manufacturer, importer and wholesaler compressor blades, turbine
vanes and nozzles, turbine blades, and related products.
Clients include El Paso Electric, Sulzer, Duke Energy, Xcel Energy…
Office
of the Foreign Assets Control (OFAC):
The company is not listed on the OFAC list.
The Specially Designated Nationals (SDN) List is a publication of OFAC
which lists individuals and organizations with whom United States citizens and
permanent residents are prohibited from doing business.
Foreign suppliers include:
ADVANCED MACHINING PRODUCTS LIMITED
UNIT 7 WEST END MILLS BRICK STREET, CLECKHEATON WEST YORKSHIRE BD19 5EH
UK
F.LLI BUCCIOL
VIA CA' DE TESTI 24/30 40037 SASSO MARCONI ITALY
EIN: -
Staff: 10
Operations & branches:
At the headquarters, we
find a workshop, warehouse and office.
Shareholders:
This is a MOTTAHEDEH family
owned and managed company.
Management:
Mehrdad MOTTAHEDEH is the
President, Director and CEO.
Angella MOTTAHEDEH is Vice
President.
Abe MOT is the Sales Manager.
As far as we know, they are not involved in other local corporations.
Subsidiaries
And partnership: None
In United States, privately
held corporations are not required to publish any financials.
On a direct call, a
Secretary controlled the present report.
Sales declared for year
2014 is in the range of USD 2,000,000=
The business is profitable.
Banks: The Bank of New York Mellon
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary (UCC):
|
1. |
Debtor Names: |
ALLIED DYNAMICS CORP |
195 CENTRAL AVENUE, FARMINGDALE, NY 11735-0000, USA |
|
ALLIED DYNAMICS CORP |
63 MARINE STREET ., FARMINGDALE, NY 11735, USA |
||
|
Secured Party Names: |
THE BANK OF NEW YORK |
COMMERCIAL LOAN SERVICES, 90 CRYSTAL RUN ROAD, MIDDLETOWN, NY
10941-0000, USA |
|
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
029234 |
02/12/2001 |
02/12/2006 |
Financing
Statement |
||
|
200601035005437 |
01/03/2006 |
02/12/2011 |
Continuation |
||
|
200601195065133 |
01/19/2006 |
02/12/2011 |
Financing
Statement Amendment |
||
|
201009145893652 |
09/14/2010 |
02/12/2016 |
Continuation |
|
2. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVENUE, COMMACK, NY 11725, USA |
|
Secured Party Names: |
SIEMENS FINANCIAL SERVICES, INC. |
170 WOOD AVENUE SOUTH, ISELIN, NJ 08830, USA |
|
|
MACHINERY FINANCE RESOURCES, LLC |
910 DAY HILL ROAD, WINDSOR, CT 06095, USA |
||
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201307258304401 |
07/25/2013 |
07/25/2018 |
Financing
Statement |
||
|
201308265912499 |
08/26/2013 |
07/25/2018 |
Assignment |
|
3. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVE, COMMACK, NY 11725, USA |
|
Secured Party Names: |
MACHINERY FINANCE RESOURCES, LLC |
910 DAY HILL ROAD, WINDSOR, CT 06095, USA |
|
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201307258304499 |
07/25/2013 |
07/25/2018 |
Financing
Statement |
||
|
201308238343879 |
08/23/2013 |
07/25/2018 |
Financing
Statement Amendment |
|
4. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVENUE, COMMOACK, NY 11725, USA |
|
Secured Party Names: |
WELLS FARGO FINANCIAL LEASING, INC. |
800 WALNUT STREET, MAC N0005-044, DES MOINES, IA 50309, USA |
|
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201309035938384 |
09/03/2013 |
09/03/2018 |
Financing
Statement |
|
5. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVENUE, COMMACK, NY 11725, USA |
|
Secured Party Names: |
TCF EQUIPMENT FINANCE, INC. |
11100 WAYZATA BLVD. STE 801, MINNETONKA, MN 55305, USA |
|
|
MACHINERY FINANCE RESOURCES, LLC |
910 DAY HILL ROAD, WINDSOR, CT 06095, USA |
||
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201403058080166 |
03/05/2014 |
03/05/2019 |
Financing
Statement |
||
|
201404085352637 |
04/08/2014 |
03/05/2019 |
Assignment |
|
6. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVENUE, COMMACK, NY 11725, USA |
|
Secured Party Names: |
MACHINERY FINANCE RESOURCES, LLC |
910 DAY HILL ROAD, WINDSOR, CT 06095, USA |
|
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201403058080178 |
03/05/2014 |
03/05/2019 |
Financing
Statement |
|
7. |
Debtor Names: |
ALLIED DYNAMICS CORP. |
84 MODULAR AVENUE, COMMACK, NY 11725, USA |
|
Secured Party Names: |
JPMORGAN CHASE BANK, NA |
COLLATERAL MGMT SMALL BUSINESS, P.O. BOX 33035, LOUISVILLE, KY 40232-9891,
USA |
|
|
File no. |
File Date |
Lapse Date |
Filing Type |
||
|
201405025455166 |
05/02/2014 |
05/02/2019 |
Financing
Statement |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.85 |
|
|
1 |
Rs.98.47 |
|
Euro |
1 |
Rs.71.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
VNT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.